Business and Economic Decision Techniques (ECON7322)
Information valid for Semester 2, 2024
Course level
Postgraduate Coursework
Faculty
School
Economics School
Units
2
Duration
One Semester
Attendance mode
In Person
Class hours
Lecture 2 Hours/ Week
Tutorial 1.5 Hours/ Week
Incompatible
ECON2320
Prerequisite
ECON7150 or MATH7050 or 7051 or 7052
Course enquiries
Professor Valentin Zelenyuk (Semester 2, Regular, St Lucia, In person)
Current course offerings
Course offerings | Location | Mode | Course Profile |
Semester 2, 2024 (22/07/2024 - 18/11/2024) | St Lucia | In Person | Course Profile |
Semester 2, 2025 (28/07/2025 - 22/11/2025) | St Lucia | In Person | Profile unavailable |
Please Note: Course profiles marked as not available may still be in development.
Course description
Provides a working understanding of some of the principal techniques used in business decision making. Topics include linear programming, transportation and assignment models, project scheduling and control, inventory models, and decision theory and games. These techniques can be used to solve problems in areas as diverse as product mixing and blending, firm efficiency and benchmarking, project management, and multi-period financial planning. Problems and exercises are solved using Microsoft Excel or a simple menu-drive software package.